Secondary market stays subdued as attention shifts to T-Bond auction

The secondary market yesterday saw mixed sentiment and moved through a quiet session overall, amid thin volumes, with activity largely concentrated in the short to belly end of the yield curve.

Indices close in red

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Richard Pieris & Company and Commercial Bank with the turnover crossing Rs. 2.3 bn.

Cinnamon Grand eyes new markets to promote MICE tourism in SL

Cinnamon Grand Colombo aims to capitalise on meetings, incentives, conferences and exhibitions (MICE) tourism to expand its reach in new markets, Cinnamon Grand Director Sales and Marketing Imran

People’s Bank recognises Entrepreneurship Village Competition winners

People’s Bank recognised the winners of Entrepreneurship Village Competition 2024, at a special awards ceremony held recently at People’s Tower, Colombo 2.

SDB bank appoints Aruna Jayasekera as CHRO

SDB bank announced the appointment of Aruna Jayasekera as its new Chief Human Resources Officer (CHRO), marking another milestone in the bank’s strategy to bring in proven industry experts who can

Mercantile Investments crosses Rs.100bn asset milestone

Mercantile Investments and Finance PLC (MI) has announced a historic achievement in its six-decade journey, crossing the Rs.100 billion total asset milestone while recording a profit after tax of Rs.504

Fortune World’s Best Workplaces List names 25 multinationals

Great Place To Work, the global authority on workplace culture and Fortune Media announced the 25 winners of this year’s Fortune World’s Best Workplaces List.

People’s Insurance records 33% revenue growth in 3Q

People’s Insurance PLC has delivered a strong performance for the nine months ended September 30, 2025, reporting solid topline momentum and sustained financial stability despite a dynamic operating

Aitken Spence Institute of Hotel Management recognised at World Sustainable Travel Awards

Aitken Spence Institute of Hotel Management has been awarded the title of World’s Leading Sustainable Female Empowerment Initiative at World Sustainable Travel and Hospitality Awards 2025.

Union Assurance hosts top achievers at MDRT recognition event

Union Assurance celebrated the outstanding achievements of its top-performing insurance relationship officers of the partnership distribution channel at a Million Dollar Round Table (MDRT) recognition event,

DIMO Healthcare-RAB strengthen radiology education

In a landmark initiative aimed at empowering Sri Lanka’s healthcare professionals with advanced radiology knowledge, DIMO Healthcare, the healthcare arm of DIMO, recently collaborated with the non-

IMM snatches victory for Sri Lanka at ASOCIO Awards 2025

Inclusive Media Monitoring (Pvt.) Ltd (IMM) has snatched a historic victory for Sri Lanka, clinching the coveted ASOCIO Outstanding Digital Transformation Organisation Award at a glittering ceremony held

Hutch with TRCSL pioneers connectivity to unserved rural Sri Lanka

Hutch, in close partnership with the Telecommunications Regulatory Commission of Sri Lanka (TRCSL), is advancing the government’s national ambition of ‘Gamata Sanniwedanaya’, a programme launched

ISSO on Forbes DGEMS 200 List

ISSO, the fast-growing, prawn-focused fast-casual dining chain from Sri Lanka, announced its recognition in the highly exclusive Forbes DGEMS 200 List for 2025.

BYD-JKCG Auto launch all-new ATTO 1 and ATTO 2

BYD, together with its sole authorised distributor John Keells CG Auto (JKCG Auto), announced the official launch of the all-new BYD ATTO 1 and BYD ATTO 2 in Sri Lanka.

ComBank advances agri-modernisation efforts to boost paddy yields in Polonnaruwa

Reinforcing its longstanding commitment to empowering SMEs and advancing sustainable agriculture, the Commercial Bank of Ceylon has embarked on another milestone initiative aimed at boosting paddy productivity and uplifting farmer livelihoods in the Polonnaruwa District, one of the Sri Lanka’s most vital rice-producing regions.

Central Bank stays pat; confident inflation will hit 5%

As widely expected, the Central Bank yesterday decided to keep the policy rate, the Overnight Policy Rate, unchanged at 7.75 percent at its sixth policy meeting and the final one for the year.

Govt. calls on private sector to expand emerging tourist destinations

Leaning towards the private sector once gain to uplift the tourism industry, the government this week called on the private sector to invest in underdeveloped regions since tourism growth remains concentrated in Colombo and established hubs.

Indices close in green

The ASPI edged up as a result of price gains in counters such as Hatton National Bank, Colombo Dockyard and Diesel & Motor Engineering with the turnover crossing Rs. 3.4 Bn. Meanwhile, the S&P SL20 closed in green. High net worth and institutional investor participation was noted in Hemas Holdings, Colombo Dockyard and DFCC Bank. Mixed interest was observed in Access Engineering, Waskaduwa Beach Resort and Jetwing Symphony whilst retail interest

People’s Bank posts best ever 9-month earnings as core performance surges

People’s Bank announced its financial performance for the nine months ended September 30, 2025, delivering the best-ever results in the institution’s history.

DFCC Bank lists Sri Lanka’s first listed blue bond on CSE

DFCC Bank yesterday announced the official listing of Sri Lanka’s first listed blue bond on the Colombo Stock Exchange (CSE), marking a significant moment for the country’s capital markets and its transition towards ocean-focused sustainable finance.

Secondary market exerts a mixed tone with modest moves

The secondary market witnessed a mixed sentiment, with some selling pressure observed within the short-end of the curve, alongside some bid-side strength.

People and Planet First: the strategy behind ComBank’s success

In conversation with Mr. Kanishka Ranaweera, Deputy General Manager – Human Resources Management. At Commercial Bank of Ceylon, success has always been powered by people, and guided by purpose. As Sri Lanka’s largest private sector bank pursues its 2025 goals of expanding volume, elevating value, and embracing versatility, human capital remains the most decisive enabler of growth. The Bank’s people strategy is both inclusive and forward-looking,

ComBank advances agri-modernisation efforts to boost paddy yields in Polonnaruwa

Reinforcing its longstanding commitment to empowering SMEs and advancing sustainable agriculture, the Commercial Bank of Ceylon has embarked on another milestone initiative aimed at boosting paddy productivity and uplifting farmer livelihoods in the Polonnaruwa District, one of the Sri Lanka’s most vital rice-producing regions. The Bank’s Development Credit Department, together with its Kaduruwela Branch, recently hosted the inaugural awareness p

Advice Lab forges strategic alliance with Rhombus Advisory

Advice Lab, a BPO that provides paraplanning and administrative services to Australian financial planners, has secured a strategic investment from Rhombus Advisory, one of Australia’s leading professional services groups. This initiative marks a major milestone in Advice Lab’s growth journey and highlights the strength of its operations across Sri Lanka and the Philippines.

Delmege Insurance Brokers wins top honours at Global Insurance Excellence Awards 2025

Delmege Insurance Brokers a subsidiary of the Delmege Group has brought pride to Sri Lanka by being recognized at the Global Insurance Excellence Awards 2025 for the Asia and MENA Region, held in Goa, India and organized by Bajaj Allianz General Insurance.

AMW unveils new multi-brand showroom in Kurunegala

Associated Motorways (Private) Limited (AMW), a member of the Al-Futtaim Group, celebrated another important milestone with the grand opening of its brand new multi-brand showroom in Kurunegala.

Abans Finance posts Rs. 317mn PAT in first half

Abans Finance PLC has been able to diversify its lending portfolio, to reduce its funding costs and improve collections to record the best ever first half (1H) performance in Net Income. The company carries a ‘A - (lka)’credit rating (investment grade) from Fitch Ratings.

Union Bank drives customer engagement at Colombo Motor Show

Union Bank recently participated in the Colombo Motor Show 2025, held at BMICH. The Bank’s leasing team actively promoted its flexible vehicle leasing and loan solutions to potential vehicle buyers.

Sysco LABS Engineering CoP hosts inaugural ‘Future of Engineering’ event

Sysco LABS recently announced that Sysco Technology’s Global Software Community of Practice (CoP) hosted ‘TECHFUSION 25’ at the Courtyard by Marriott in Colombo.